Quy Nhon New Port Joint Stock Co (coded QNP) has recently announced the resolution of its annual general meeting (AGM) 2012 whereby QNP’s shareholders approved a plan to offer six million shares to hike chartered capital from 108 billion dong to 168 billion dong within 2012.
The share will be offered to the existing shareholders at the ratio of 9:5 and price at par value (10,000 dong per share).
In 2012, QNP expects to gain 6.7 billion dong revenue and 3.5 billion dong after tax profit, down 50 percent from 2011.
Ending 2011, the company’s revenue and after tax profit were 11.7 billion dong and seven billion dong respectively. The dividend payment was maintained at 8.8 percent in 2011.